LinkedIn Corporation Message Board
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Why not buy at 3 different price points say now at 21.40 more at 20 and more at 18 should it get there? That seems the smarter way.
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Imagine how much money Wal-mart would supposedly make if they got to use LNKD accounting methods and not count employees as expenses?? Maybe WMT should be $160 a share ! ????
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http://us.rd.yahoo.com/finance/external/forbes/SIG=13puc11q4/*http://www.forbes.com/sites/mikeozanian/2013/02/23/its-bill-clintons-fault-linkedin-did-not-pay-taxes-past-three-years/?partner=yahootix
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Already extremely overvalued on any metric. Then reports of fuzzy accounting. What else are they using fuzzy math on?? Oh wait I know like the number of active users !!!! Seriously this should be $50 a share. Maybe less if you count all the gimmicks and tricks they are using
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Forbes has an article out this weekend showing how LNKD is faking the numbers and using accounting tricks so not to expense the salaries of ceo's as an expense ! Show's there is fraud in the numbers. They don't hardly make ANY money !!!! One day this may gap down due to accounting fraud. Or when the stock starts going down employess may not accept this fraud stock as payment instead of cash.